by Allison Nicole Smith | Apr 29, 2021 | Featured, Personal Income
The March report on personal income and spending — an important indicator of Americans’ financial security and consumer confidence in the economy — is expected to signal turbocharged spending and stockpiles of wealth because of additional federal stimulus, easing...
by Allison Nicole Smith | Apr 18, 2021 | Personal Income
After Meera was laid off from her job in December because of the coronavirus (she asked to only be identified by her first name), she posted her resume to the job search site Indeed. Soon after, Meera received an email offer to make nearly $3k a month as a...
by Francisco Velazquez | Apr 15, 2021 | Featured, Personal Income, Retail
The Commerce Department will release the advance retail sales report for March on April 15 at 8:30 am ET. Economists expect strong gains to persist, a signal the recovery is gaining steam as vaccine rollout accelerates and restrictions ease. Here are five things to...
by Allison Nicole Smith | Mar 29, 2021 | Featured, Personal Income
Waning federal aid and severe winter storms curtailed spending last month, but Americans are poised to reopen their wallets as vaccinations progress and more stimulus money lifts household incomes. Consumer spending dropped 1 percent in February, slightly more than...
by Allison Nicole Smith | Mar 1, 2021 | Featured, Personal Income
Pandemic relief lifted U.S. household incomes to historic heights, and consumers boosted retail spending to its largest increase in seven months, signaling early signs of economic recovery. Household income spiked 10 percent in January, the Commerce Department...
by Korey Matthews | May 25, 2020 | Employment, Personal Income
Two States Doing Badly and Two Doing Better Show the Economic Disparity of Coronavirus By Korey Mathews and Sonya Swink Every state in the US is facing its worst economic downturn since the Great Depression, with payrolls going down and unemployment going up in April,...
